Mahindra Lifespace forays into affordable housing

Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the $ 16.5 bn Mahindra Group has launched 'Happinest,' its new business vertical focused on making quality housing at affordable prices accessible to a wider cross-section of people. Happinest is aimed at families having a current, combined monthly income of Rs 20,000 to Rs 40,000 per month. The first two projects will be launched soon in Chennai and Mumbai Metropolitan Region.